119 Ontario Street
Timiskaming, ON
12 sqft • Investment • 330 days on market
Waterfront Retreat with Endless Potential Turnkey Investment OpportunityNestled on a pristine 12-acre waterfront lot, this exceptional turnkey property offers the perfect blend of natural beauty, modern amenities, and incredible business potential. Whether you're looking to run a retreat center, wedding venue, corporate getaway, or vacation rental business, the possibilities here are truly limitless.Property Features:Six Spacious Cabins:Five cabins with 6 bedrooms eachOne cabin with 5 bedroomsShared laundry facilityRecent upgrades include new metal roofs and various aesthetic improvementsMain Lodge Perfect for Large Gatherings:Elegant dining room with seating for up to 75 guestsLarge conference area accommodating up to 130 attendeesFull-service bar equipped with beverage cooler and POS systemCommercial kitchen featuring a new dishwasher, combination oven, under-counter refrigeration, and all essential equipmentExtensive Recent Upgrades ($600,000+):Energy-efficient improvements to heating, lighting, plumbing, and HVACBrand-new floating docksNew hot water tanksComprehensive cosmetic and structural enhancements throughoutThis waterfront gem is fully equipped and ready for immediate operation. Whether you're dreaming of hosting serene wellness retreats, bustling events, or managing a high-demand vacation destination, this property is poised to deliver exceptional returns.A rare opportunity to own a waterfront property with income-generating infrastructure already in place. Dont miss your chance to step into a ready-made business with room to grow.
Listing Details
- Taxes (2025)
- $21,883
- Listed
- September 24, 2025
Price History
Property
- Age
- 16-30
Location & Legal
- Cross Street
- Fourth Street East to Ontario Street
- Zoning
- 461
- Parcel Number
- 613000416
- Possession
- Immediate
Commercial
- Business Type
- Other
- Occupancy
- Vacant
Included
- Inclusions
- docks, 4 canoes, 2 kayaks, 7 mountain bikes, 1 Kabota tractor, 1 Kabota lawn mower, all contents in all buildings
- Rental Items
- none
Community
Postal area P0J
- Population
- 20,179
- Private dwellings
- 9,704
- Median age
- 47.6
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Timiskaming · last 12 months
- Median sold price
- $215,000
- Homes sold
- 55
- Median days on market
- 33
- Sale-to-list price
- 92.4%
Based on 55 recorded sales of commercial properties in Timiskaming over the last 12 months.
Listed by
ROYAL LEPAGE NORTHERN REALTY LEADERS